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Though the new minimum wage rate will add nearly $2,100 annually to some paychecks, it still falls nearly $7,700 short of the self-sufficiency standard for a four-person household and $4,200 short for a single-person household. At some point, a wide disparity in minimum wage rates might be expected to put Oregon at a disadvantage in competition with other states for certain types of businesses. 75), currently have state minimum wage rates that exceed the federal mandate. |
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